Artificial Intelligence: New Day New Developments

Artificial intelligence is used in a wide range of capacities in business today and it is already fundamentally changing almost every business activity. In general, AI refers to any sort of computer software that performs humanlike tasks like planning, learning, and problem-solving.

Since AI is increasingly becoming an integral part of businesses, it captures the attention of people globally, including legislators. We see that governments and international organizations engage in regulatory work to draw the legal framework regarding AI. Within this regulatory work, there were two important developments that we would like to highlight in the first month of 2023.